Basic Rent And Payments Sample Clauses

Basic Rent And Payments. The Basic Rent due each month during the Term for the Equipment is as follows:
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
Basic Rent And Payments. The Basic Rent ("Basic Rent") due each month during the Term for the Equipment shall be the Charter Hire due and payable under the Charter, and payment of the Charter Hire in accordance with the Charter shall constitute payment of the Basic Rent hereunder.
Sample 1Sample 2
Basic Rent And Payments. The Basic Rent due each month during the Term ----------------------- for the Equipment is as follows: a. The first payment of basic rent (not including applicable taxes) under this Lease Schedule in an amount equal to $59,365.74 ("Basic Rent") shall be initially due and payable on the Commencement Date. b. Subsequent to the first payment, Lessor shall invoice Lessee (based on a pro-rata daily rental rate) to effectuate a change in the initial Basic Rent due date to the [_] 1/st/ / [_] 15/th/ (check one) day of the month. c. The second payment of Basic Rent shall be due and payable on the same calendar day of the subsequent month. All remaining payments of Basic Rent shall be due and payable on the same calendar day of each month for the remainder of the Term. d. In addition to the monthly Basic Rent due as set forth above, Lessee agrees to pay and indemnify Lessor for, and hold Lessor harmless from and against all taxes, assessments, fees and charges (hereinafter called "Imposts") together with any penalties, fines or interest thereon levied and imposed by any governmental agency or unit (state, local, federal, domestic or foreign), regardless of party assessed against: (i) with respect to the Lease or this Lease Schedule; (ii) upon the Equipment, its value or any interest of Lessor and/or Lessee therein; (iii) upon or on account of any sale, rental, purchase, ownership, possession, use, operation, maintenance, delivery or return of the Equipment, or value added thereto, other than taxes imposed on or measured by the net income or capital of Lessor. The amount of the Impost shall be Supplemental Rent to be paid by Lessee upon Lessor's demand. If any Impost relates to a period during the Term (as defined above), Renewal Term (defined below) or Automatic Renewal Term (defined below) (no matter when it is assessed) then Lessee's liability for such Impost shall continue, notwithstanding the expiration or termination of the Lease or this Lease Schedule, until all such Imposts are paid in full by Lessee.
Sample 1

Related to Basic Rent And Payments

  • RENT AND PAYMENT Rent is due and payable in advance on the first day of each Rent Interval at the address specified in Lessor's invoice. Interim Rent is due and payable when invoiced. If any payment is not made when due, Lessee will pay a Late Charge on the overdue amount. Upon Lessee's execution of each Schedule, Lessee will pay Lessor the Advance specified on the Schedule. The Advance will be credited towards the final Rent payment if Lessee is not then in default. No interest will be paid on the Advance.

  • TERM, RENT AND PAYMENT (a) The rent payable for the Equipment and Lessee's right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under a Certificate of Acceptance ("LEASE COMMENCEMENT DATE"). The term of this Agreement shall be the period specified in the applicable Schedule. The word "

  • Calculation and Payment of Additional Rent Tenant shall pay to Landlord, in the manner set forth in Section 4.4.1, below, and as Additional Rent, Tenant’s Share of Direct Expenses for each Expense Year.

  • Interest and Payments Borrower shall make payments in accordance with the Note at the rate set forth in the Note.

  • Minimum Rent The defined term “Minimum Rent” set forth in Section 1.66 of the Lease is deleted in its entirety and replaced with the following:

  • Royalties and Payments 3.00 LICENSEE shall pay directly to LICENSOR a one-time milestone payment of sixty-five thousand US dollars ($65,000.00) upon the first FDA APPROVAL of a LICENSED PRODUCT. This fee shall be payable sixty (60) days after the date of FDA APPROVAL of a LICENSED PRODUCT.

  • Minimum Rental Beginning with the Commencement Date and continuing through the Expiration Date or earlier termination of this Lease, Tenant shall pay Minimum Rental in accordance with the schedule set forth in Section 1(g) in equal monthly installments each in advance on or before the first day of each month. If the Commencement Date is a date other than the first day of a calendar month, the Minimum Rental shall be prorated daily from such date to the first day of the next calendar month and paid on or before the Commencement Date.

  • Additional Deposits and Payments (a) On the date specified in Section 3.6 hereof or Section 3.4 of the Purchase Agreement, as applicable, the Servicer and Santander Consumer, as applicable, will deposit into the Collection Account the aggregate Repurchase Price with respect to Repurchased Receivables purchased or repurchased by the Servicer or Santander Consumer, respectively, on such date, and on the Payment Date specified in Section 8.1, the Servicer will deposit into the Collection Account all amounts, if any, to be paid under Section 8.1. All such deposits with respect to any such date which is a Payment Date will be made, in immediately available funds by noon, New York City time, on the Business Day immediately preceding such Payment Date related to such Collection Period.

  • Disbursements and Payments Each disbursement by the Bank and each payment by the Borrower will be:

  • Base Rent and Additional Rent Tenant shall pay to Landlord the following amounts as rent for the Premises:

Time is Money Join Law Insider Premium to draft better contracts faster.